FUNDAMENTAL OVERVIEWUSD:After the weakness triggered by the surprising breakthrough in US-Iran negotiations on Thursday, the US dollar consolidated as traders s...
I see at least one more rate increaseIt's important to cap inflation expectationsECB's Simkus expects the central bank to deliver at least one more rate hike to...
As the US-Iran dust settles down for a bit, will diverging economic fundamentals be the name of the game for EUR/USD next? It's certainly a consideration that e...
EUROPEAN SESSIONIn the European session, the main highlight was the UK CPI report. The data came out lower than expected vindicating the BoE's patient stance an...
We support and are ready to contribute to US-Iran deal implementationThe right of transit passage through the Strait of Hormuz without restrictions is vital for...
There aren't any major expiries to take note of on the day, with the full list seen below.The dollar continues to see more pushing and pulling on the week, as t...
While the US and Iran looks to try and finalise the text and terms of their framework agreement for a ceasefire, markets will have to divert their attention at ...
PBOC governor Pan Gongsheng signals slower credit growth and offshore FX pushChina to issue CNY 300bln bonds to boost bank capital as local debt tackledGoldman ...
Pan Gongsheng's explicit statement that maintaining China's previous credit growth pace is both difficult and unnecessary is the most market-significant line in...
The CNY 300 billion special bond announcement is the most market-concrete element of the statement and signals Beijing is moving from acknowledging bank capital...
The marginal delay to LNG normalisation, pushed from end-June to end-July, is a small but meaningful signal that the physical market is not clearing as quickly ...